Playing the Ponzi's  Instablog

Playing the Ponzi
Send Message
Why “Playing the Ponzi”? I view the entire monetary and financial system as something of a Ponzi scheme. Starting with currency that is created as debt, and running straight through a global economic model that is based on infinite growth in a finite world. This won’t end well. I’d go a step... More
My blog:
Playing the Ponzi
  • Nasdaq QQQ Facing 10 Year Old Trendline Resistance 0 comments
    Aug 22, 2012 11:57 AM | about stocks: QQQ, QID

    I noted trendline resistance faced by the S&P yesterday. Today, we look at Nasdaq's QQQ ETF which appears to be facing trendline resistance of its own that dates back over 10 years.

    (click to enlarge)

    Stocks: QQQ, QID
Back To Playing the Ponzi's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.